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Last $0.01 SGD
Change Today -0.001 / -8.33%
Volume 450.0K
OCNUS On Other Exchanges
Symbol
Exchange
Singapore
As of 11:08 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

oceanus group ltd (OCNUS) Snapshot

Open
$0.01
Previous Close
$0.01
Day High
$0.01
Day Low
$0.01
52 Week High
07/9/14 - $0.03
52 Week Low
03/18/15 - $0.0080
Market Cap
40.0M
Average Volume 10 Days
7.1M
EPS TTM
$-0.06
Shares Outstanding
3.6B
EX-Date
11/27/03
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for OCEANUS GROUP LTD (OCNUS)

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oceanus group ltd (OCNUS) Details

Oceanus Group Limited, an investment holding company, engages in the research, development, breeding, production, and sale of Japanese breed abalones. It is also involved in the aquaculture production. Oceanus Group Limited was incorporated in 1998 and is headquartered in Singapore.

Founded in 1998

oceanus group ltd (OCNUS) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

oceanus group ltd (OCNUS) Key Developments

Oceanus Group Limited Announces Termination of Wong Yew Ban, Chief Financial Officer and Chief Operating Officer

The Audit Committee of the Oceanus Group Limited had commissioned a report on certain investigations conducted on alleged fraud and irregularities in the company's operations in the People's Republic of China. Having reviewed the Report, it has come to the attention of the company that Wong Yew Ban, chief financial officer and chief operating officer has acted negligently in the course of his employment with the company in failing to properly supervise and control the company's operations and local management in the People's Republic of China. Consequently, the company has terminated Wong Yew Ban's employment with the company and has taken steps to remove him from his respective posts within the company and the Oceanus Group, including his positions as chief financial officer and chief operating officer of the company. Mr. Wong Yew Ban was removed from his designations as Chief Financial Officer and Chief Operating Officer, effective from March 2, 2015.

Oceanus Group Limited Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Oceanus Group Limited reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, sales of aquaculture products were RMB 8.319 million compared to RMB 15.991 million a year ago. Loss before income tax was RMB 59.383 million compared to RMB 235.440 million a year ago. Loss from continuing operations was RMB 59.383 million compared to RMB 217.574 million a year ago. Loss was RMB 55.625 million or 1.53 cents per diluted share compared to RMB 217.857 million or 5.99 cents per diluted share a year ago. Cash flows used in operating activities was RMB 16.813 million against RMB 25.015 million last year. Adjusted LBITDA was RMB 13.188 million against RMB 13.975 million a year ago. Purchase of property, plant and equipment was RMB 0.477 million against RMB 0.65 million last year. For the year, sales of aquaculture products were RMB 9.267 million compared to RMB 41.032 million a year ago. Loss before income tax was RMB 220.545 million compared to RMB 468.384 million a year ago. Loss from continuing operations was RMB 220.594 million compared to RMB 450.518 million a year ago. Loss was RMB 195.483 million or 5.37 cents per diluted share compared to RMB 444.662 million or 14.45 cents per basic and diluted share a year ago. LBITDA was RMB 47.270 million against RMB 327.320 million last year. Cash flows used in operating activities was RMB 44.203 million against RMB 130.973 million last year. Purchase of property, plant and equipment was RMB 0.477 million against RMB 14.625 million last year.

Oceanus Group Limited Appoints Matthew Tan Kim Chuan as Chief Risk Officer and Chief Technology Officer

The Board of Oceanus Group Limited appointed Matthew Tan Kim Chuan as the Chief Risk Officer cum Chief Technology Officer, effective from December 4, 2014. His areas of responsibility include, development of Risk Management Plan & Protocols for all Oceanus Farms; development and Implementation of Bio security plan; development and Implementation of water monitoring system; development of Abalone Farming operation manual; development of re-circulating aquaculture system and technology for pilot hatchery; and adoption of new technologies.

 

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